Showing 1 - 10 of 12
This paper makes the case that purposive, profit-seeking investments in knowledge play a critical role in the long-run growth process. First, we review the implications of neoclassical growth theory and the more recent theories of 'endogenous growth'. Then we discuss the empirical evidence that...
Persistent link: https://www.econbiz.de/10012763516
We develop a two-country model of endogenous innovation and imitation in order to study the interactions between these … maximizing entrepreneurs. The steady-state equilibrium is characterized by constant aggregate rates of innovation and imitation …
Persistent link: https://www.econbiz.de/10013235883
This paper makes the case that purposive, profit-seeking investments in knowledge play a critical role in the long-run growth process. First, we review the implications of neoclassical growth theory and the more recent theories of 'endogenous growth'. Then we discuss the empirical evidence that...
Persistent link: https://www.econbiz.de/10012474415
We develop a two-country model of endogenous innovation and imitation in order to study the interactions between these … maximizing entrepreneurs. The steady-state equilibrium is characterized by constant aggregate rates of innovation and imitation …
Persistent link: https://www.econbiz.de/10012475836
pharmaceuticals. We challenge this orthodox view and show, to the contrary, that the pace of innovation often is faster in a world …
Persistent link: https://www.econbiz.de/10012779605
We construct a model of the product cycle featuring endogenous innovation and endogenous technology transfer …
Persistent link: https://www.econbiz.de/10013223071
In this paper, I develop a model of dynamic comparative advantage based on endogenous innovation. Firms in each of two … and scarcity of natural resources, will specialize relatively in industrial innovation and in the production of high … subsidies and trade policies on the long-run rates of innovation in trade partner countries and on the long-run pattern of trade …
Persistent link: https://www.econbiz.de/10013237270
pharmaceuticals. We challenge this orthodox view and show, to the contrary, that the pace of innovation often is faster in a world …
Persistent link: https://www.econbiz.de/10012466242
In this paper, I develop a model of dynamic comparative advantage based on endogenous innovation. Firms in each of two … and scarcity of natural resources, will specialize relatively in industrial innovation and in the production of high … subsidies and trade policies on the long-run rates of innovation in trade partner countries and on the long-run pattern of trade …
Persistent link: https://www.econbiz.de/10012475843
We construct a model of the product cycle featuring endogenous innovation and endogenous technology transfer …
Persistent link: https://www.econbiz.de/10012476141